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Rental income earned by treating property as a capital asset would be assessable as ‘income from house property’
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Corporate Tax
Rental income earned by treating property as a capital asset would be assessable as ‘income from house property’
Posted on
on
February 23, 2017
Tenet Tax Daily February 21 2017
By
tenettax-team
Corporate Tax
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Payment for testing, trial operation and commissioning work would attract sec. 194C TDS and not sec. 194J TDS
No income can be attributable to PE which is remunerated at ALP
